|Day Low/High||6.42 / 6.98|
|52 Wk Low/High||2.85 / 41.91|
Expectations for company earnings don't tie with the bulls' narrative.
Each of these 'real' American firms is now a buyout candidate because of the ridiculous U.S. tax code.
It has a well-defined triangle pattern that looks like it is breaking down.
Interesting patterns forming on the charts of Fluor, AES, Commercial Metals and IPG Photonics.
But don't start taking positions in these stocks just yet.
New regulations, restrictions and costs will narrow power options to nuclear in 20 years.
This isn't a big deal -- and, in fact, it will create some winners
The market still has a lot to prove at these levels, but today's bounce is a step in the right direction.
Fluor, Texas Instruments and Cummins have more room to run, John Burke, CEO of Burke Financial Strategies, tells Gregg Greenberg.
Stephanie Link, CIO & Co-Portfolio Manager of Action Alerts Plus, tells TheStreet's Lindsey Bell that Chicago Bridge & Iron's valuation makes it much more compelling than Fluor.
Surveying Obama's speech, we see affected sectors could include construction, cyber security and retail.